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Jul 21, 2017
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kevin: i'm kevin cirilli. julia: looking at the white house press briefing room, where we are getting a briefing at eastern, after the announcement of a change in communication strategy for donald trump and his at administration. anthony scaramucci will be taking over, sean spicer retiring today. it will be an online meeting and 40 minutes. who isevin: --kevin: going to be behind the podium? we don't know. julia: it is seven years the day since dodd-frank became law, and the nation's 10 largest banks made $30 billion last quarter, a of million dollars short precrisis levels. his deregulation the right move right now? hill who gotnch christmas -- who joins us from philadelphia. when you hear numbers like that from the bank that the optics of talking about talking about deregulation are made tougher. would you agree? hill: it's the seventh anniversary of dodd-frank and dodd-frank's promise was we would have a more competitive, safer banking system with more choices for consumers. what resulted in is big banks ar
kevin: i'm kevin cirilli. julia: looking at the white house press briefing room, where we are getting a briefing at eastern, after the announcement of a change in communication strategy for donald trump and his at administration. anthony scaramucci will be taking over, sean spicer retiring today. it will be an online meeting and 40 minutes. who isevin: --kevin: going to be behind the podium? we don't know. julia: it is seven years the day since dodd-frank became law, and the nation's 10 largest...
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Jul 24, 2017
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next to kevin cirilli and kevin went left. -- thanks to kevin cirilli and kevin went left. taylor riggs is here with the latest. little bit ofe a a mix of a mix where we are lower with the nasdaq and s&p, but we are also low for the sessions. talking, the nasdaq is looking like a record high. andontinues to push higher be the outlier from the dow and s&p that are heading lower today. also somewhat moving is earning season. i'm going to take a look at halliburton and energy and tie these two together. as we take alert earnings coming out, they are going to be more disciplined when they come to moving and fracking out onto the oil fields. they are tapping the brakes on drilling as oil continues to hover near that $50 mark. that is pushing halliburton lower by 3.8% here. i also want to tie in oil. when we woke up this morning and came to the office, we saw that meeting in st. petersburg between opec and on opec members talking about oil and looking at that agreement to cut oil production. #btv terminal here at g 7831, it ties together the u.s. and opec and what is going on. yo
next to kevin cirilli and kevin went left. -- thanks to kevin cirilli and kevin went left. taylor riggs is here with the latest. little bit ofe a a mix of a mix where we are lower with the nasdaq and s&p, but we are also low for the sessions. talking, the nasdaq is looking like a record high. andontinues to push higher be the outlier from the dow and s&p that are heading lower today. also somewhat moving is earning season. i'm going to take a look at halliburton and energy and tie these...
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Jul 31, 2017
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kevin: i'm kevin cirilli. julia: breaking news on utility companies. a is dropping plans for two nuclear reactors and succulent. -- in south carolina. let's give you a brief understanding of what the statement from the coming he said. in theluded it's not best interest of customers and stakeholders to continue construction of these, adding the costly uncertainty of availability of tax credits among others. you can see a brief spike in the share price, currently higher by 1.6%, although coming off the highs now. now a president trump counts the record run in the u.s. stock market as another economic indicator that is penning a slightly less rosy picture, that is the u.s. dollar. the bloomberg fx report is joining us now with details. talk to us about your report here. clearly if we look at a chart of the u.s. dollar, it has fallen 9% since november, so a tale of two half for u.s. assets. >> it looks that the u.s. market is betting against policy change. what we are seeing from the market here is that after the u.s. election and after donald trump was el
kevin: i'm kevin cirilli. julia: breaking news on utility companies. a is dropping plans for two nuclear reactors and succulent. -- in south carolina. let's give you a brief understanding of what the statement from the coming he said. in theluded it's not best interest of customers and stakeholders to continue construction of these, adding the costly uncertainty of availability of tax credits among others. you can see a brief spike in the share price, currently higher by 1.6%, although coming...
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Jul 13, 2017
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kevin cirilli is on capitol hill with republican senator david perdue of georgia. -- d kevin: we are here with senator david perdue. you saw the new health care bill. do you like it? involve.ontinues to i am hopeful we will get motion to proceed next week. we will get the cbo scores hopefully monday, and move on to this bill next week. this roomask you for for error. we have seen comments from senator rand paul saying he is not on board. perfection is difficult to achieve, and that's why we have been working so hard. we have a crisis on our hands. obamacare is collapsing after six or seven years. information the senator from montana has been asking for for months. the latest information they can give us his august 2014. the irs find 8 million people in this country because they could not sign up for insurance under obamacare. 85% of those 8 million people make less than $50,000, and half make less than $25,000. of thethere are portions majority leader's bill that would keep some of the taxes from the affordable care act. does that frustrate you? senator purdue: of course. what we've
kevin cirilli is on capitol hill with republican senator david perdue of georgia. -- d kevin: we are here with senator david perdue. you saw the new health care bill. do you like it? involve.ontinues to i am hopeful we will get motion to proceed next week. we will get the cbo scores hopefully monday, and move on to this bill next week. this roomask you for for error. we have seen comments from senator rand paul saying he is not on board. perfection is difficult to achieve, and that's why we...
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Jul 5, 2017
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kevin: ways to combat isis. with so many investigations into the administration every second of their meeting in every photo op will be greatly analyzed. trade imbalances is something this white house wants to discuss very much so. course, thete, of president tweeted about north korea he also tweeted about trade imbalances and there has been a statement put out by christine lagarde, of the imf, in which she says surplus and deficit countries should confront this problem now to avoid larger corrections down the road. the summit is a chance to strengthen the system and reaffirm our commitment for will enforce rules. traders on the mind of not only president trump but global leaders. david: take your. kevins bloomberg's cirilli. let's check in a first word news with mark crumpton. mark: the united nations security council holds an emergency meeting on north korea's launch of a intercontinental ballistic missile. secretary of state rex tillerson called the launch a new escalation of the threat to the united states.
kevin: ways to combat isis. with so many investigations into the administration every second of their meeting in every photo op will be greatly analyzed. trade imbalances is something this white house wants to discuss very much so. course, thete, of president tweeted about north korea he also tweeted about trade imbalances and there has been a statement put out by christine lagarde, of the imf, in which she says surplus and deficit countries should confront this problem now to avoid larger...
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Jul 25, 2017
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kevin: somewhat. i spoke with one republican senator who said essentially they should all know what is going to be debated but that is where it is interesting. somebody like senator rand paul who tweeted he has been given talks from the white house it will be a full repeal. he might get a different interpretation than a more moderate lawmakers. even tonight, this afternoon, should they move forward when the president speaks in youngstown, ohio and he will try to declare political victory. it is certainly premature to say it is anything but over. david: there is a rally and a press conference with the president of lebanon and we will have that. the boy scout jamboree, would you expect he will say this afternoon? anything different? kevin: that boy scout jamboree was quite political catching some of us off guard. when he speaks later, the president will clearly, should he take reporters' questions, will face questions and the attorneyattle with general jeff sessions and whether he wants to fire his atto
kevin: somewhat. i spoke with one republican senator who said essentially they should all know what is going to be debated but that is where it is interesting. somebody like senator rand paul who tweeted he has been given talks from the white house it will be a full repeal. he might get a different interpretation than a more moderate lawmakers. even tonight, this afternoon, should they move forward when the president speaks in youngstown, ohio and he will try to declare political victory. it is...
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Jul 14, 2017
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kevin: that is a really good point. republicans are saying, we don't necessarily agree at all with the optics. on economic policy, we are in line with the president's agenda. line toa very tight walk, especially for several republicans like senator lisa murkowski, a republican from alaska who is also undecided. her partner in maine, senator susan collins has come out against the health care bill. the more the steady drip of bad headlines, the more impact it has on the lack of political capital from the white house. have not seen much market reaction. does impede the president's ability and the republican-controlled congress's ability to get through health care. in order to get to the holy grail of tax reform. is a holy grail and i hope it's not as elusive as the holy grail was because they never found the holy grail. kevin: still looking for it. david: exactly. thank you, kevin cirilli, chief washington correspondent. the wells fargo cfo ranks the earnings today. that will be coming up at 4 p.m. eastern time. a quick re
kevin: that is a really good point. republicans are saying, we don't necessarily agree at all with the optics. on economic policy, we are in line with the president's agenda. line toa very tight walk, especially for several republicans like senator lisa murkowski, a republican from alaska who is also undecided. her partner in maine, senator susan collins has come out against the health care bill. the more the steady drip of bad headlines, the more impact it has on the lack of political capital...
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Jul 18, 2017
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kevin: i don't think they have a choice at this point. craig: several suggested to me that the idea of comprehensive tax reform is essentially dead. kevin: if anything, they would be corporate tax cuts, which is very different than reform. beyond that, the speaker is suggesting that there is unity within the republican party and craig gordon just said that is just not the case. whether you are talking about the border adjustment tax or revenue neutrality -- and oh yeah, let's throw in a partial government shutdown in the fall, with ultraconservatives in the house of representatives, saying the only way they are going to get on board with steve mnuchin's push to raise the debt limit is two in fact cut defense spending. if they don't do that, if they don't offset those costs, we have a situation where a republican-controlled white house without a significant policy win, backed by a republican-controlled senate and a republican-controlled house could actually shut down the government. julia: that is quite a fascinating prospect here. , becau
kevin: i don't think they have a choice at this point. craig: several suggested to me that the idea of comprehensive tax reform is essentially dead. kevin: if anything, they would be corporate tax cuts, which is very different than reform. beyond that, the speaker is suggesting that there is unity within the republican party and craig gordon just said that is just not the case. whether you are talking about the border adjustment tax or revenue neutrality -- and oh yeah, let's throw in a partial...
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Jul 31, 2017
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kevin: i have to ask you this. do you think president trump will face the conservative challenger in the 2020 cycle? sen. flake: i have no idea and that is not my concern. my concern is returning the republican party to the principles that are timeless, the have animated the party for generations in a good way. limited government, economic freedom, free trade, strong defense. if we stick to those things, we will be far better off as a party in the long-term. kevin: senator jeff flake. i read the book on the train and it is awesome. i hope everybody take a look at it. thank you for coming in. mark: appreciate it. vonnie: kevin cirilli in new york today. thank you. speaking of tweets, the president is claiming a victory on the performance of u.s. stocks since his election. he tweeted this point, highest stock market ever, best economic numbers in years. lower --ent numbers lowest in 17 years. no white house chaos. here to break this all down is mark chandler. mark, for me as he was the president just 70 meetings abou
kevin: i have to ask you this. do you think president trump will face the conservative challenger in the 2020 cycle? sen. flake: i have no idea and that is not my concern. my concern is returning the republican party to the principles that are timeless, the have animated the party for generations in a good way. limited government, economic freedom, free trade, strong defense. if we stick to those things, we will be far better off as a party in the long-term. kevin: senator jeff flake. i read...
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Jul 17, 2017
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vonnie: thanks to kevin cirilli. let's get more insight on the health care debate with secure a manual, the former -- emmanuel discussed some of the steps he outlined in a new book called "prescription for the future." >> we are spending more than only three other economies in the world. we are spending more than the entire gdp of france or britain. we are actually underperforming on every measure you look at, whether it is infant mortality, longevity, even treatment for heart disease and other things. we are not doing well. we have a system that is rife with waste, inefficiently delivered services, unnecessary services, and high prices. it really needs to be reformed. one of the tragedies is i think there is bipartisan agreement that we need to bring health care costs down, and yet the republican bill does nothing of the sort. what i tried to do was go to places that are doing a great job and finding out what we can learn from those places knocking it out of the park. those are the 12 transformational practices. >>
vonnie: thanks to kevin cirilli. let's get more insight on the health care debate with secure a manual, the former -- emmanuel discussed some of the steps he outlined in a new book called "prescription for the future." >> we are spending more than only three other economies in the world. we are spending more than the entire gdp of france or britain. we are actually underperforming on every measure you look at, whether it is infant mortality, longevity, even treatment for heart...
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Jul 26, 2017
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kevin's really spoke to former -- kevin cirilli spoke to former republican senator jim demint earlier. >> i don't think it is going to advance unless the democrats vote for it, and i don't think it will. kevin: can you support a skinny version? makes no sense at all, unless it is some kind of shell to where they can get a real feel ill. to repeals promised obamacare come and the mistake they made is just not repealing it and then going on to reform the health care system in the way we know it needs to be done. as long as there is repeal, you cannot get one immigrant to help you. that's one democrat to help you. --you cannot get one democrat to help you. kevin, getting to conference is exactly what it is. kevin: yes, it is, and former is one of the puppeteers, meeting with folks in the freedom caucus, trying to get to a path of repeal. both of the freedom card -- i spoke to freedom caucus chairman mark meadows in the last hour, who said that the skinny version of the repeal bill will not have support of the freedom caucus. should this advance out of the senate and go to conference, you
kevin's really spoke to former -- kevin cirilli spoke to former republican senator jim demint earlier. >> i don't think it is going to advance unless the democrats vote for it, and i don't think it will. kevin: can you support a skinny version? makes no sense at all, unless it is some kind of shell to where they can get a real feel ill. to repeals promised obamacare come and the mistake they made is just not repealing it and then going on to reform the health care system in the way we...
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Jul 21, 2017
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kevin: you are absolutely right. sen. ron wyden the top democrat on the senate tax-writing committee and we thank you. thank you for making the time. sen. ron wyden: thank you for having me. vonnie: thank you to kevin cirilli. nejra: a great interview. battle of the charge of time. a gold session in honor of the open championship. who hit the green and who will end up in the rough? i decided. this is bloomberg. ♪ nejra: time for global battle of the charts were we look at some of the charts of the day it went they mean for investors. you can access it them by running the function at the bottom of your screen. kicking things off is vonnie. vonnie: in honor of the birds, the british open, the second round. there is a tie at the top of the leaderboard. he is really -- and jordan spieth tied for first pretty let's move on to the chart. under -- we golf is think golf has dropped. it is below 20 million players playing more rounds. the number of people employed at the golf clubs and country clubs, the growth is on the decline
kevin: you are absolutely right. sen. ron wyden the top democrat on the senate tax-writing committee and we thank you. thank you for making the time. sen. ron wyden: thank you for having me. vonnie: thank you to kevin cirilli. nejra: a great interview. battle of the charge of time. a gold session in honor of the open championship. who hit the green and who will end up in the rough? i decided. this is bloomberg. ♪ nejra: time for global battle of the charts were we look at some of the charts...
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Jul 10, 2017
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kevin, let me start with you. they have three whole weeks to get things done and they have to get health care through at least the senate with republicans. what are the chances? kevin: they have three weeks, but time is running out. now posed with the option of rather to not -- whether not to negotiate with heidi heitkamp or muster a deal with alexa ted cruz and mike lee c. some folks on capitol hill are suggesting that the majority leader is not potentially serious with working with democrats. he wants to put pressure on these republicans and say this is it. this is the moment. this is the opportunity in order to get some type of repeal and replacement effort on the affordable care act. either way you start looking at the numbers of $2 million for opioid addiction or defunding planned parenthood. look at the 22 million americans according to the nonpartisan congressional argent losedget office that would insurance because of this legislation and any look at the insurance market. not all them are on board with thi
kevin, let me start with you. they have three whole weeks to get things done and they have to get health care through at least the senate with republicans. what are the chances? kevin: they have three weeks, but time is running out. now posed with the option of rather to not -- whether not to negotiate with heidi heitkamp or muster a deal with alexa ted cruz and mike lee c. some folks on capitol hill are suggesting that the majority leader is not potentially serious with working with democrats....
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Jul 27, 2017
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kevin: in terms of what? vonnie: rates. kevin: ok. you will have relatively slow changes in terms of the interest rate. more of the drama has been about the balance sheet and how quickly they get moving on that, we think that happens relatively soon. we are seeing a little pickup in inflation expectations and we think september is in the cards, as we will have a full statement of september. the fed, when they say they are data-dependent, we believe it. they are looking at the data and see how it proceeds from here. vonnie: kevin, thank you. working hard behind her, tell them to type in tv . [laughter] vonnie: that was kevin. let's check in on the bloomberg first word news with mark crumpton. done.vonnie, nicely senate republicans are varying 40 bare-bones approach in the quest to appeal obamacare. under there's the majority, republican says this week's debate including an all , may amendment of votes ultimately lead to a bill that millie ends the mandate that all americans have insurance or pay a penalty, along with a few other pr
kevin: in terms of what? vonnie: rates. kevin: ok. you will have relatively slow changes in terms of the interest rate. more of the drama has been about the balance sheet and how quickly they get moving on that, we think that happens relatively soon. we are seeing a little pickup in inflation expectations and we think september is in the cards, as we will have a full statement of september. the fed, when they say they are data-dependent, we believe it. they are looking at the data and see how...
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Jul 18, 2017
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and also kevin cirilli, chief correspondent on capitol hill. now checking in on the first word news. >> the trump administration is imposing new sanctions link to a ron -- iran. penalties were put on 16 individuals and entities for supporting iranian action. the u.s. had warned it would punish iran. house republicans are in bailing a budget that ignores president trump's proposed cuts to agencies. of $5re proposing cuts billion in said of the $54 billion that the president wants. they are calling for a bigger boost in defense spending been the president requested. here is a poll that even president trump will like, according to the latest poll, hillary clinton is viewed favorably by just 39% of americans, two percentage points lower than the president. ministerk., prime theresa may being encouraged to fire disloyal ministers. several officials want to put an end to the backstabbing according to one official. weekend, several of may's ministers spoke out against philip hammond. global news 24 hours a day, powered by more than 2700 journalists an
and also kevin cirilli, chief correspondent on capitol hill. now checking in on the first word news. >> the trump administration is imposing new sanctions link to a ron -- iran. penalties were put on 16 individuals and entities for supporting iranian action. the u.s. had warned it would punish iran. house republicans are in bailing a budget that ignores president trump's proposed cuts to agencies. of $5re proposing cuts billion in said of the $54 billion that the president wants. they are...
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Jul 12, 2017
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chiefg us now is our washington correspondent, kevin cirilli on capitol hill. was it a big deal or not? kevin: lawmakers on capitol hill think it is a big deal and several republicans i spoke with yesterday including house freedom caucus chairman mark meadows suggested that special counsel robert mueller should be looking into these emails as well as other conversations. there also have been increasing calls for donald trump, jr. as well as jared kushner and paul manafort the campaign manager at the time to testify publicly. i spoke with a democrat on the senate intelligence committee yesterday evening. senator mark warner, a democrat from virginia, to make some sense of this. listen to what he told me. examplenever seen an when an agent of a foreign government, if foreign government that is an adversary who is trying to interfere in our election. the whole intelligence community has reached out in this way and then have a campaign respond with any legitimate campaign official would know that you don't take this kind of help from foreign adversary. kevin: feder
chiefg us now is our washington correspondent, kevin cirilli on capitol hill. was it a big deal or not? kevin: lawmakers on capitol hill think it is a big deal and several republicans i spoke with yesterday including house freedom caucus chairman mark meadows suggested that special counsel robert mueller should be looking into these emails as well as other conversations. there also have been increasing calls for donald trump, jr. as well as jared kushner and paul manafort the campaign manager...
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Jul 20, 2017
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kevin: there you have it. busy couple of days, trying to lay the groundwork for dodd-frank repeal, tax reform, maybe get something done on health care, but all these russia hearings are beginning next week. david: you have to get through friday before you get to monday, when jared kushner testifies, and donald trump jr. and paul manafort. what do we expect the senators to ask those three witnesses next week? kevin: republicans are going to intel get this dossier, on why that was ushered by the democrats, and democrats are going to continue to press for answers. it is really centered around that bloomberg exclusive on the finances of president trump. david: appreciate it. kevin cirilli, chief washington correspondent joining us from capitol hill. coming up, bill gross on his latest note, curveball, and reaction to the boj and ecb decisions. his reactions, coming up on bloomberg markets. this is bloomberg. ♪ >> it is 2:00 p.m. in new york, 11:00 a.m. in san francisco. >> i am scarlet fu. >> i am julia chatterl
kevin: there you have it. busy couple of days, trying to lay the groundwork for dodd-frank repeal, tax reform, maybe get something done on health care, but all these russia hearings are beginning next week. david: you have to get through friday before you get to monday, when jared kushner testifies, and donald trump jr. and paul manafort. what do we expect the senators to ask those three witnesses next week? kevin: republicans are going to intel get this dossier, on why that was ushered by the...
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Jul 20, 2017
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emily: kevin whitelaw in washington for us. kevin, thanks so much for that update. we'll bring you any headlines as we have them. coming up, making a big bet on vertical farming investing hundreds of millions of dollars. we will hear from the c.e.o. next. this is bloomberg. ♪ whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare prices from over 200 booking sites... ...to find you the lowest price... ...on the hotel you want. go on, try something fresh. tripadvisor. the latest reviews. the lowest prices. >> it's 11:29 a.m. in hong kong and 12:29 p.m. in china. bhp plus and coming chairman is planning a series of closed-door meetings with shareholders around the world. ken mckenzie has already held talks in australia where he flagged changes the board has demanded dealing with critics, one of those critics urging the hp to be cautious on plans to enter the potash market. elliott says that could be a se
emily: kevin whitelaw in washington for us. kevin, thanks so much for that update. we'll bring you any headlines as we have them. coming up, making a big bet on vertical farming investing hundreds of millions of dollars. we will hear from the c.e.o. next. this is bloomberg. ♪ whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare...
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Jul 19, 2017
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we get the latest from kevin's really in just a moment. -- from kevin's a really -- kevin cirilli in just a moment. this is boomer. -- this is bloomberg. ♪ david: this is "bloomberg markets." president trump doubling down on health care after meeting with gop senators at the white house today. he said they should not leave washington without a health care plan. let's get to kevin cirilli. we talked about the comments he made almost right after he made them. senators --ublican is the leadership going to interpret what he had to say? kevin: he is digging in. and sayingepublicans they didn't want to have a motion to proceed on the measure -- despite republicans saying they didn't want to have a motion to proceed on the measure. the president is saying let's bring this to a vote and see what happens. there has been some friction about whether or not to pressure senator dean heller. that will be interesting to see how heller reacts to that. david: i saw senator capito there as well. stohr at the supreme court writing the court won't let people bar -- kevin: this is a hallmark visa polic
we get the latest from kevin's really in just a moment. -- from kevin's a really -- kevin cirilli in just a moment. this is boomer. -- this is bloomberg. ♪ david: this is "bloomberg markets." president trump doubling down on health care after meeting with gop senators at the white house today. he said they should not leave washington without a health care plan. let's get to kevin cirilli. we talked about the comments he made almost right after he made them. senators --ublican is the...
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Jul 25, 2017
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kevin: definitely. unofficial, but it looks like it is indicating that lawmakers do have enough muster of support -- it is not official. it looks like it is heading in that direction. hour, senatorst rob portman and dean heller, moderates have indicated they are going to vote yes on a motion to proceed. these folkser week, had all been no's. those three senators moving towards mitch mcconnell's camp. we heard from him and impassioned plea trying to urge members of his own party to get on board to give the president that political victory that has eluded him. we will hear from him at the white house at 3:15. we will also hear from senator john mccain. mitch mcconnell asking senator to a lot 15 minutes for senator mccain to speak. scarlet: we will take you to senator mccain when he begins speaking. murkowskiins and lisa have voted against taking up the health care bill. republicans cannot spare anymore -- mike pence may need to come in to break the tie. megan: the women in the senate have been singled out
kevin: definitely. unofficial, but it looks like it is indicating that lawmakers do have enough muster of support -- it is not official. it looks like it is heading in that direction. hour, senatorst rob portman and dean heller, moderates have indicated they are going to vote yes on a motion to proceed. these folkser week, had all been no's. those three senators moving towards mitch mcconnell's camp. we heard from him and impassioned plea trying to urge members of his own party to get on board...
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Jul 11, 2017
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kevin: oil is a bear market. if you watch bloomberg all day, we talk about the cars going electric, especially in the netherlands. we see greener energy. thanks so much, kevin kelly every con capital. julia: lawmakers putting their sights on the health care reform bill. the first two weeks of the august recess. chairman joins us next. from new york, this is bloomberg. ♪ these days families want to be connected 24/7. that's why at comcast we're continuing to make our services more reliable than ever. like technology that can update itself. an advanced fiber-network infrustructure. new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever. one that keeps you connected to what matters most. mark: it is time for "first word news." russian foreign minister sergei laugh rob is promising to retaliate against the united states if it fails to return seized diplomatic property. he said, we are closely following the situation. returning --
kevin: oil is a bear market. if you watch bloomberg all day, we talk about the cars going electric, especially in the netherlands. we see greener energy. thanks so much, kevin kelly every con capital. julia: lawmakers putting their sights on the health care reform bill. the first two weeks of the august recess. chairman joins us next. from new york, this is bloomberg. ♪ these days families want to be connected 24/7. that's why at comcast we're continuing to make our services more reliable...
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kevin cirilli, thank you so much. up later on bloomberg television and bloomberg radio, look for dr. mohamed el-erian in the 9:00 hour. really looking forward to that as always. this is bloomberg. ♪ ♪ taylor: this is bloomberg -- this is "bloomberg surveillance ." the turnaround planned in microsoft is back on fact. ceo is trying to reshape microsoft as a cloud computing powerhouse. ebay has underscore the problems emerging from the shadow of amazon.com. the online seller posted slow growth in the fiscal third quarter. the forecast does not promise much improvement. ebay has been trying to make it easier for shoppers to navigate the one billion listings. that is your bloomberg business flash. taylor, thank you so much. i was just making up a new chart to throw up here and that is what you do with christopher perrone -- christopher perrone -- christopher verone. it is not about making money, and about not losing money the way you do not lose money is to stay on trend and respect trends. chris, great to have you her
kevin cirilli, thank you so much. up later on bloomberg television and bloomberg radio, look for dr. mohamed el-erian in the 9:00 hour. really looking forward to that as always. this is bloomberg. ♪ ♪ taylor: this is bloomberg -- this is "bloomberg surveillance ." the turnaround planned in microsoft is back on fact. ceo is trying to reshape microsoft as a cloud computing powerhouse. ebay has underscore the problems emerging from the shadow of amazon.com. the online seller posted...
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Jul 17, 2017
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bringing kevin cirilli. promised he would look into a trade relationship with china. what could we hear from the white house? >> two things. >> president trump on air force one coming back from paris, speaking to reporters at length, suggesting he would take action, in terms of the type of policies and tariffs. we anticipate something else as well. this is -- wilbur ross investigating something. figure out whether that's going to move on whether china's industries posing a national security risk to the united states. the president also issued public comments -- his lawyer has also spoken out. also suggesting that something could be in the works. we should not he has been saying this for several months. quite talk about nafta. they will renegotiate that. -- trying to renegotiate that. where does this stand in the white house, about what they would like to have changed? >> this will come mid-august. there will be hearings with a trade representative testifying in the senate and house with reference to renew -- reopening negotiations. >> let me ask you about the theslati
bringing kevin cirilli. promised he would look into a trade relationship with china. what could we hear from the white house? >> two things. >> president trump on air force one coming back from paris, speaking to reporters at length, suggesting he would take action, in terms of the type of policies and tariffs. we anticipate something else as well. this is -- wilbur ross investigating something. figure out whether that's going to move on whether china's industries posing a national...
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what would be a win for him on this particular day, kevin? kevin: health. that is the bottom line. get this back to the house. i did my job, got this through, and now it is up to you. let's hammer it out and try to advance this. you have been seen this coming from the white house. but you are seeing that pressure from the president himself kind of pressure republicans to get this done. beforee able to do it the august recess, that is a significant win. but if they are not able to do that, he gets tough for them to continue on health care. vonnie: our thanks to kevin cirilli, our chief washington correspondent. mark: coming up, diverting parts of facebook and twitter. shares of facebook getting a boost from small -- from strong, monthly active users. and then amazon taking the spotlight. this is bloomberg. ♪ ♪ london, i'm mark barton. vonnie: and in new york, i'm vonnie quinn. this is "bloomberg markets." we focus on a notable topic. hospital operator says it expects to your patience this year and release preliminary results that missed analyst's estimates. julie hyman is here.
what would be a win for him on this particular day, kevin? kevin: health. that is the bottom line. get this back to the house. i did my job, got this through, and now it is up to you. let's hammer it out and try to advance this. you have been seen this coming from the white house. but you are seeing that pressure from the president himself kind of pressure republicans to get this done. beforee able to do it the august recess, that is a significant win. but if they are not able to do that, he...
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kevin: i have to ask a follow-up question. i hear you on that point, but then i look at the economic plan and i see the effort to appeal to states like pennsylvania, michigan and wisconsin. a lot of those voters voted for president trump because of high premiums. can the message you are saying on health care resonate with the economic message? tom: a lot of the voters who voted for donald trump are also confronting a family member who has a pre-existing condition or a family or friend who is struggling with opioid abuse. donald trump told them in the campaign that he was going to enhance access to health care. that he was not going to touch medicaid. those were his promises, not my words. he is breaking those promises left and right because the house bill and the senate bill are both trying to change and under my medicaid as we know it. we believe that health care is a right for all and not a privilege for a few. if you are struggling with any of these challenges, whether it addiction, or opioid you need this health care and t
kevin: i have to ask a follow-up question. i hear you on that point, but then i look at the economic plan and i see the effort to appeal to states like pennsylvania, michigan and wisconsin. a lot of those voters voted for president trump because of high premiums. can the message you are saying on health care resonate with the economic message? tom: a lot of the voters who voted for donald trump are also confronting a family member who has a pre-existing condition or a family or friend who is...
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kevin: seems possible. said, you cannot bring this to a vote unless you are able to attract some of these more conservative members like senator ted cruz and rand paul of the world. judging on the past 24 hours, i am after the majority leader is there. joe: i want to go now to capitol hill. interviewrom kevin's with the senator from wisconsin talking about he does not know what is in the bill. he is waiting to find out like the rest of us. , theyms of the politics are expected to vote on something that suddenly gets handed down without their input? julia: again? joe: i got? -- again? >> the short answer is yes, that is what they are expected to. they will have a few days to explore it. the cbo score will come out on monday. that is the expectation. i spoke to a republican from tennessee a few hours ago who separate much every republican senator will see the bill for the first time tomorrow, and they plan to pass a next week. a very short timeframe. but as we have discussed before, senator mcconnell had made
kevin: seems possible. said, you cannot bring this to a vote unless you are able to attract some of these more conservative members like senator ted cruz and rand paul of the world. judging on the past 24 hours, i am after the majority leader is there. joe: i want to go now to capitol hill. interviewrom kevin's with the senator from wisconsin talking about he does not know what is in the bill. he is waiting to find out like the rest of us. , theyms of the politics are expected to vote on...
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that's bring in kevin who joins us by phone. kevin, this is -- things move quickly in this white house. it highlights bears quite a bit of turmoil. what does this indicate to you about john kelly's level of influence at the white house? kevin: it's a bit too early to .now the back story behind this we should note the new york times reporting what has been a tumultuous -- to put it mildly -- first week for anthony scaramucci. that story really spoke for itself. just take a look at the messaging he was discussing. he really seemed to be someone who talked a lot about his own personal drama and not even the political drama. president trump tries to right the ship. mildly, the with thehip they have white house press corps is not good. if the president wants to focus his first week in the job, he did little if anything onall to put the focus himself. julie: who could that person be? before scaramucci came to the role, were there other folks talked about to potentially take that on? is there anyone we know that might be close to kelly
that's bring in kevin who joins us by phone. kevin, this is -- things move quickly in this white house. it highlights bears quite a bit of turmoil. what does this indicate to you about john kelly's level of influence at the white house? kevin: it's a bit too early to .now the back story behind this we should note the new york times reporting what has been a tumultuous -- to put it mildly -- first week for anthony scaramucci. that story really spoke for itself. just take a look at the messaging...
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we have kevin cirilli. when does this start and how likely is it we will come up with a bill as a result of it? kevin: unlikely that there will be a bill that will ultimately end up on the president's desk in the near future. that is because the consensus we hear from the republicans on capitol hill is that there could be coalescing behind a skinny version of the senate majority leader mitch mcconnell's proposal, somewhere in the middle between a full repeal into the modern version put forth. that said, i spoke with the chairman tom perez who said the skinny version will attract no democratic support because he says "it will allow the freedom caucus to hijack the debate" once it gets to the house of representatives. and i have spoken with those on the freedom caucus who say the skinny version would really delay the timing of there to be any significant repeal, by about several months. the closer we get to midterms, for those watching outside of washington, from the republican standpoint you don't want to ha
we have kevin cirilli. when does this start and how likely is it we will come up with a bill as a result of it? kevin: unlikely that there will be a bill that will ultimately end up on the president's desk in the near future. that is because the consensus we hear from the republicans on capitol hill is that there could be coalescing behind a skinny version of the senate majority leader mitch mcconnell's proposal, somewhere in the middle between a full repeal into the modern version put forth....
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kevin: neither do i, julia. julia: at one point, he tweeted it his use of twitter is not presidential, but modern presidential. sure did ask what people are saying, i can probably guess. kevin: i look to my phone to see just how many retweets it has -- 300-3000 retweets, 490,000 likes. it's one of the president's most like tweets and most re-tweeted tweets ever. what does that mean? it means this is essentially the president digging into his base and make them feel he is playing to the base, they think he is going to solidify the base around this. this is essentially the same type of repackaged rhetoric i heard on the campaign trail in states like arizona, michigan, wisconsin, pennsylvania. they feel that he is anti-establishment candidate. this, whether we like it or not, is what conservative populism looks like in 2017. anti-establishment. this is just illustrating or underscoring that fact. how to bring in the cnn statement in response, they said -- let me just pull up that statement. day when it's a sad the
kevin: neither do i, julia. julia: at one point, he tweeted it his use of twitter is not presidential, but modern presidential. sure did ask what people are saying, i can probably guess. kevin: i look to my phone to see just how many retweets it has -- 300-3000 retweets, 490,000 likes. it's one of the president's most like tweets and most re-tweeted tweets ever. what does that mean? it means this is essentially the president digging into his base and make them feel he is playing to the base,...
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emily: so, kevin, there are a lot of moving parts here. are the next steps? kevin: right now we're expecting a number of the on sort of oldouts moving forward with the debate to meet with white house officials at capitol hill including potentially the vice president, but definitely the health and human tom price cretary, and a few other officials, they're going to be up there for a meeting to try to figure out the path forward is. senators said that president trump made clear in a lunch eeting today with republican senators that he wants to see them vote on a repeal and replace bill if at all possible, he would settle for a oneyed repeal bill like the of the c.b.o. just stored. emily: what does this mean for the level ofmp and confidence, of course, what happened last week, we know was to the trump agenda. kevin: at this point we don't really know -- we don't really is going to happen next week. what we do know is that right republicans don't appear to have the votes to get anything week. to the floor next if that vote were held right now, we think it would f
emily: so, kevin, there are a lot of moving parts here. are the next steps? kevin: right now we're expecting a number of the on sort of oldouts moving forward with the debate to meet with white house officials at capitol hill including potentially the vice president, but definitely the health and human tom price cretary, and a few other officials, they're going to be up there for a meeting to try to figure out the path forward is. senators said that president trump made clear in a lunch eeting...
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kevin cirilli, thank you. kevin: thank you. tom: thank you very much from the russell building and correct with your silence this morning. he is a never silent with his fixed income market. wellsould be the -- of fargo. what is the bond market communicating to us right now, higher yields, 30 year bonds? >> yes. tom: are we near escape velocity? not near escape velocity, but i think the bond market is telling you the economic backdrop is ok. yellen and team delivered a clear message this week that tighter policy is coming, but the tighter policy is going to pivot away from the traditional form of rate hikes towards balance sheet management here to i think the bond market is starting to sniff, as you pointed out in europe, we are probably going to see less easy conditions as well. so, you're starting to see this very mild -- but somewhat of an uplift in bond yields. we are moving out of this very low volume, slow grind environment. the question is, is there enough momentum behind it to carry it meaningfully higher. i don't think
kevin cirilli, thank you. kevin: thank you. tom: thank you very much from the russell building and correct with your silence this morning. he is a never silent with his fixed income market. wellsould be the -- of fargo. what is the bond market communicating to us right now, higher yields, 30 year bonds? >> yes. tom: are we near escape velocity? not near escape velocity, but i think the bond market is telling you the economic backdrop is ok. yellen and team delivered a clear message this...
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kevin: slim to none. when they come back from recess, and the uncertainty of that the uncertainty of janet yellen, many people bracing for the uncertainty of washington. the dollar reacted last night on what happened with health care. julia: real concerns. great to chat with you. kevin cirilli, chief correspondent in washington. scarlet: we will dig into it , the former. chan public policy and campaign advisor to mitt romney joining us from california. lonnie, quite a mess on republicans' hands. from where you sit what is the best case scenario for how health care reform can play out versus the most likely scenario? lonnie: the most likely scenario will be some some of paralysis. one of the things you discover through the process is just how much division there is between the republican party on policy. there were political issues, but what it came down to was policy disagreements on the medicaid program, assistance for low income americans over the extent of military reform. in the short run, i do not se
kevin: slim to none. when they come back from recess, and the uncertainty of that the uncertainty of janet yellen, many people bracing for the uncertainty of washington. the dollar reacted last night on what happened with health care. julia: real concerns. great to chat with you. kevin cirilli, chief correspondent in washington. scarlet: we will dig into it , the former. chan public policy and campaign advisor to mitt romney joining us from california. lonnie, quite a mess on republicans'...
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joining us as kevin cirilli. we got this statement from kushner, which was largely echoing the statement he released this morning. what was the goal of having him come out and appear before the press?- the kevin: the sources i thought within the administration and work connected to jared kushner suggest they did not want to give the appearance he was trying to dodge questions or tried to plead the fifth. they are calling today a meeting and not a testimony. in the senate building where i am, right next to me with staffers of the u.s. intelligence committee, they were seen this past half hour, at least three members of that committee entering into the senate committee room to receive a briefing of sorts. one of the senators said they were being briefed on the matters. there wasner saying no collusion. they're trying to get out in front of this and move on beyond this. the president tweeting out earlier today, why are the committees and investigators looking into crooked hillary's crimes? senator susan collins walk
joining us as kevin cirilli. we got this statement from kushner, which was largely echoing the statement he released this morning. what was the goal of having him come out and appear before the press?- the kevin: the sources i thought within the administration and work connected to jared kushner suggest they did not want to give the appearance he was trying to dodge questions or tried to plead the fifth. they are calling today a meeting and not a testimony. in the senate building where i am,...
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kevin it is just after 4:00 p.m., u.s. stocks broadly higher, record and ther the dow, s&p, nasdaq marginally higher by a gain of one point. a lot of corporate earnings playing into those record highs. as theies have declined fed begins its policy meeting. it will come out with its decision tomorrow at 2:00 p.m., no change expected. julia: "what'd you miss?" a bloomberg survey of fund managers and strategists suggests a market correction could combine late 2018 and the damage could be massive. joining us now is dani burger who cowrote a article on this subject. talk to me about this survey. bull market? the not a lot of agreement. there was a lot of pessimism, which means perhaps now is time to be optimistic. the bull market stopping for stocks and bonds in late 2018, and overwhelmingly, central banks and fed where the number one concern, moving too soon, the tightening will be messy because they have been loosening somewhat coordinated, then we look at europe, the u.k., this bullish-bearish back-and-forth that has made mo
kevin it is just after 4:00 p.m., u.s. stocks broadly higher, record and ther the dow, s&p, nasdaq marginally higher by a gain of one point. a lot of corporate earnings playing into those record highs. as theies have declined fed begins its policy meeting. it will come out with its decision tomorrow at 2:00 p.m., no change expected. julia: "what'd you miss?" a bloomberg survey of fund managers and strategists suggests a market correction could combine late 2018 and the damage...
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Jul 11, 2017
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kevin: i spoke with a senior republican consultant. these types of meetings with foreign entities occur. the clintons had meetings. democrats have had meetings. the question is what were they trying to get out of it western mark the next question is whether or not the campaign new about any type of cyber attack or cyber hacking into democratic institutions. there is no evidence to suggest as much. it is worth noting that donald trump junior did not try to file a security parents, which separates him from jerod kushner who does have that high level clearance. the question becomes he was at the meeting along with all metaphor and jerod kushner. there are several ongoing investigations that are going to be looked at. that collins has said donald trump junior should be one of those people called to testify. you.e: thank we really appreciate it. we want to move now to alex wayne from our deep euro. i want to bring up this quote from the email from robin goldstone to donald trump junior. this is obviously very high level and sensitive inform
kevin: i spoke with a senior republican consultant. these types of meetings with foreign entities occur. the clintons had meetings. democrats have had meetings. the question is what were they trying to get out of it western mark the next question is whether or not the campaign new about any type of cyber attack or cyber hacking into democratic institutions. there is no evidence to suggest as much. it is worth noting that donald trump junior did not try to file a security parents, which...
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kevin joins us from the white house. and our national political reporter joining us from capitol hill. let me ask you, we are halfway through the first, really only 15 day stretch for congress, unless they happen to work through all the recess. is that a possibility? >> extremely unlikely. i think it is unusual number one that republicans, the rank and file members are asking leadership to delay, at least partially delay the august recess. that does not happen. it is usually something the minority party asks for as a way to embarrass the majority party, so there are calls, but no indication they will take them seriously and i cannot think of a modern precedents for this to be canceled. vonnie: kevin, what have they been doing today? we're halfway through one of those crucial days. kevin: i think lawmakers on health care policy, you have a situation where the majority leader have to decide whether to negotiate with people like ted cruz on extending health savings accounts, or democrats. in terms of the $250 billion amount
kevin joins us from the white house. and our national political reporter joining us from capitol hill. let me ask you, we are halfway through the first, really only 15 day stretch for congress, unless they happen to work through all the recess. is that a possibility? >> extremely unlikely. i think it is unusual number one that republicans, the rank and file members are asking leadership to delay, at least partially delay the august recess. that does not happen. it is usually something the...
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kevin, take it away. reporter: we are here with senator mark warner. what do you make of all the developments from donald trump junior's emails? >> this is the first time the public has seen clear evidence that there was an attempt to offer information to the trump campaign by clearly an organized effort by the russian government. the fact that this is one more example of senior officials from the trump campaign or trump organization who continued to deny these contacts with russians until evidence comes out, then they have to recant. reporter: senator, what is next? is this collusion -- what are the next steps in the process? >> other members can jump to conclusions. my job is to keep the investigation going in a bipartisan fashion. this is a very significant development. we are just starting on our committee on the senate intelligence committee, to start to talk to the people affiliated with the trump campaign, the individuals who were in the meeting with donald trump junior. we will want to talk to all of them. reporter: are you going to speak with
kevin, take it away. reporter: we are here with senator mark warner. what do you make of all the developments from donald trump junior's emails? >> this is the first time the public has seen clear evidence that there was an attempt to offer information to the trump campaign by clearly an organized effort by the russian government. the fact that this is one more example of senior officials from the trump campaign or trump organization who continued to deny these contacts with russians...
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kevin: and i'm kevin cirilli. you're the top stories we are watching for. julia: press secretary sean spicer resigning today after donald trump high financier hires anthony scaramucci. we get an update from the white house at 2:00 p.m. eastern and president trump shakes of his legal team as he looks to combat and expanding russian investigation led by robert mueller. we talked representative french hill and senator ron wyden. ♪ julia: for the newsday once again in washington, a shakeup on president trump's indications team. sean spicer resigning after the president's high financier anthony scaramucci
kevin: and i'm kevin cirilli. you're the top stories we are watching for. julia: press secretary sean spicer resigning today after donald trump high financier hires anthony scaramucci. we get an update from the white house at 2:00 p.m. eastern and president trump shakes of his legal team as he looks to combat and expanding russian investigation led by robert mueller. we talked representative french hill and senator ron wyden. ♪ julia: for the newsday once again in washington, a shakeup on...
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abigail: kevin, thank you for taking the time. we were talking about how we have seen a bit of a return to volatility after a lack of volatility, especially for technology. we have a great chart to show -- g #btv 96. >> technology has led the market returns this year. technology is leading the volatility returns going back. if you go back to much, you can see that the volatility of the nasdaq 100 was below s&p 500, which is telling because all of his constituents in the s&p 500, and the s&p 500 has defensive sectors in it itself. inherently it should be less volatile. now you are seeing a flow out. it is about 17. why is that? volatility, vix, as well as nasdaq 100 volatility, is 30-day forward-looking indicator. technology earnings are going to be here and everyone is going to be focused on those and that should lead volatility going forward. abigail: you have an interesting call on volatility overall. we saw this back in 2015, sense of the vix is dead, -- some said the vix is dead, and then we saw a big spike could kevin: --then
abigail: kevin, thank you for taking the time. we were talking about how we have seen a bit of a return to volatility after a lack of volatility, especially for technology. we have a great chart to show -- g #btv 96. >> technology has led the market returns this year. technology is leading the volatility returns going back. if you go back to much, you can see that the volatility of the nasdaq 100 was below s&p 500, which is telling because all of his constituents in the s&p 500,...
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kevin: one more question about sanctions. they said in the coming days in the house will pass a sanctions bill. are you concerned it will be altered? senator graham: it can be changed but not gutted. ' interview, we have to send a message to the russians we are concerned and you will be punished. if we do it again, you will be more punished. i what to make sure the congress, republican members of congress, are saying we believe russia is an enemy of democracy, the russians hacked into our the reason we should care is it could be another country hacking into us in 2018 or 2020. if you give one nation a pass going after the democrats, you are opening yourself as republicans to be attacked down the road by another nation. it is an olive our interest to push back and we will. vonnie: that was kevin cirilli's with lindsey graham. more of the debate of health care reform. joins from thef sun valley conference, next. once again, brazil's former president sentenced to more than nine years in prison on corruption charges. the real is
kevin: one more question about sanctions. they said in the coming days in the house will pass a sanctions bill. are you concerned it will be altered? senator graham: it can be changed but not gutted. ' interview, we have to send a message to the russians we are concerned and you will be punished. if we do it again, you will be more punished. i what to make sure the congress, republican members of congress, are saying we believe russia is an enemy of democracy, the russians hacked into our the...
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kevin: the man of the hour. committee chairman jeb hensarling, we are just a couple of hours away from chair yellen's testimony. where are you going to be? >> we are on track for policy normalization because keeping rates too low for too long was a contributing factor to our last crisis and i wanted to be next. we see that gives the fed a little bit more room to operate with their open market operations. but we also have a balance sheet that is huge. the fed's footprint and our economy is so huge and that is troublesome to have a lot of mortgage backed securities. is very worrisome to have a fed so selective in the credit market as opposed to a holistic, macroeconomic impact on our economy. i want to ask her about what they are doing as far as winding down this balance sheet to get to a more normal policy rate and a more normal balance sheet. kevin: this is something you have pressed on for quite some time in terms of trying to figure out a timeline for when this will happen. the federal reserve has signaled it
kevin: the man of the hour. committee chairman jeb hensarling, we are just a couple of hours away from chair yellen's testimony. where are you going to be? >> we are on track for policy normalization because keeping rates too low for too long was a contributing factor to our last crisis and i wanted to be next. we see that gives the fed a little bit more room to operate with their open market operations. but we also have a balance sheet that is huge. the fed's footprint and our economy is...
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Jul 21, 2017
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more on that is kevin cirilli. kevin, does this change the nature of the investigation and what is the president going to think about it? the president telling the new york times before the release of the bloombergtechtv use -- bloomberg exclusive blazon robert mueller should not be investigating him. there is a new strategy that has emerged on behalf of the white house which is to try to detect all the investigators is having conflicts of interests, political conflicts of interests. what does it mean for policy? jared kushner set to testify behind closed doors on monday before the senate intelligence committee, and then on wednesday paul manafort, the president's previous campaign manager are set to testify. no word if they are, of lawmakers very much trying to address tax reform, budget reform, antiregulatory policies. the votes are all scheduled for the next week as well. jonathan: there is a slow humming noise and in the bargain gets cranked up for about an hour, markets react, and then he goes right down. the
more on that is kevin cirilli. kevin, does this change the nature of the investigation and what is the president going to think about it? the president telling the new york times before the release of the bloombergtechtv use -- bloomberg exclusive blazon robert mueller should not be investigating him. there is a new strategy that has emerged on behalf of the white house which is to try to detect all the investigators is having conflicts of interests, political conflicts of interests. what does...
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Jul 24, 2017
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kevin: who knows. the republicans i have spoken with don't even know what bill they are trying to proceed on whether it is a repeal or a repeal and replace. the president wants a legislative victory but a lot of confusion on health care. it is unlikely that will get done this week. chiefin cirilli, washington correspondent. let's check in on first word news. jessica has more. we will return to jessica summers in just a moment. for is the first word news this hour. the president of poland says he will veto part of a judicial overhaul that is seen as threatening the independence of the court system. the legislation has led to eight straight days of antigovernment protests. the president will veto bills of the supreme court and the judicial council which decide which judges are promoted. the eu has threatened sanctions over the issue and we will be examining that issue later in the hour. >> in san antonio, texas, nine people have died in what authorities say was a human smuggling operation that went wrong
kevin: who knows. the republicans i have spoken with don't even know what bill they are trying to proceed on whether it is a repeal or a repeal and replace. the president wants a legislative victory but a lot of confusion on health care. it is unlikely that will get done this week. chiefin cirilli, washington correspondent. let's check in on first word news. jessica has more. we will return to jessica summers in just a moment. for is the first word news this hour. the president of poland says...
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Jul 19, 2017
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kevin: no real new developments. there is nothing likely for any type of full repeal bill to pass despite the majority leader's efforts. i spoke with several former governors who are now led by senator joe manchin, a centrist democrat from west virginia, they want to put together a fix-it bill which would involve subsidies with the obamacare exchanges but it is tough for them to do that, a narrow path forward. kevin: let's look at a good mmr from noah feldman. tom: this is the bloomberg view. professor feldman from harvard law. in one emblematic frustrating day, trump saw the failure of a senate bill to repeal and replace and was forced by an advisory to certify that iran is in compliance with its nuclear obligations. requiring majority in both houses of congress the american system pushes the president to negotiate a compromise. thank you for the civics lesson. is there any indication he will get this for tax reform? something operating a now is that they can move on to tax reform without doing health care despite w
kevin: no real new developments. there is nothing likely for any type of full repeal bill to pass despite the majority leader's efforts. i spoke with several former governors who are now led by senator joe manchin, a centrist democrat from west virginia, they want to put together a fix-it bill which would involve subsidies with the obamacare exchanges but it is tough for them to do that, a narrow path forward. kevin: let's look at a good mmr from noah feldman. tom: this is the bloomberg view....
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Jul 12, 2017
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julia: kevin cirilli on capitol hill, thank you for that. there have been interesting comments over the last few days. they are important questions. let's check the headlines, first word news. mark: as kevin cirilli mentioned, the russian investigation is coming up in today's fbi hearing for the nominee to see -- succeed robert mueller. the presidents pick said he would not look politics get in the way, signaling the fbi's work will be german only by "the facts, the law, and the of partial pursuit of justice." christopher wray is selected for the job following the president's firing of james comey. the president has called it a hoax and witchhunt, the ongoing investigation by the fbi and robert mueller, the former bureau director, selected in may to oversee the probewr. a -- probe. wray told the committee, i do not believe it is a witchhunt. tax cuts will lower federal revenue by nearly a trillion dollars over a decade and benefit mostly the nation's highest earners, according to a new study today by a nonpartisan tax policy center. it finds
julia: kevin cirilli on capitol hill, thank you for that. there have been interesting comments over the last few days. they are important questions. let's check the headlines, first word news. mark: as kevin cirilli mentioned, the russian investigation is coming up in today's fbi hearing for the nominee to see -- succeed robert mueller. the presidents pick said he would not look politics get in the way, signaling the fbi's work will be german only by "the facts, the law, and the of partial...
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Jul 21, 2017
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kevin, you have been on television all day talking about this. said there isucci more palace intrigue, yet the whole press conference was about personalities and relationships. what is the back story from your perspective? >> i have spoken with several sources on everything that went down in the past 24 hours. what i am hearing is this is a political victory for what they are calling the originals, the original staffers who backed candidate donald trump when many in the political universe did not. he is someone who has aligned himself with the old guard, the original guard of the trump world. people like sean spicer who will stay on board through august are not going to disappear. reince priebus is still involved in the white house. it comes at a time when they are trying to turn the page with so many questions surrounding next week in particular with the hearings set to continue with regards to russia. , givenwhy is scaramucci he does not have traditional communications experience, he is a businessman, but what else? >> this was a top fundraiser
kevin, you have been on television all day talking about this. said there isucci more palace intrigue, yet the whole press conference was about personalities and relationships. what is the back story from your perspective? >> i have spoken with several sources on everything that went down in the past 24 hours. what i am hearing is this is a political victory for what they are calling the originals, the original staffers who backed candidate donald trump when many in the political universe...
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Jul 27, 2017
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kevin cirilli joining me from capitol hill. joinson, ellen sent there the team ahead of tomorrow's gdp numbers. this is bloomberg. ♪ as garlic: dick york 5 p.m. in new york, 11:00 a.m. scarlet: it's 5:00 p.m. in new york -- 2:00 p.m. in new york. julia: welcome to "bloomberg markets." >> here are the top stories we are covering from around the world and on the bloomberg. we start with corporate news. a battle for first face. shares of amazon slipping after jeff bezos slipped from the top spot as the world's richest person. in politics, the senate could end up with a bill that leaves much of obamacare in place. this could put to the republican agenda at stake. julia: u.s. markets close in two hours time, but before we take you there, some headlines crossing the bloomberg. we have been waiting for an announcement of some sort over tax reform and paul ryan is said to be telling
kevin cirilli joining me from capitol hill. joinson, ellen sent there the team ahead of tomorrow's gdp numbers. this is bloomberg. ♪ as garlic: dick york 5 p.m. in new york, 11:00 a.m. scarlet: it's 5:00 p.m. in new york -- 2:00 p.m. in new york. julia: welcome to "bloomberg markets." >> here are the top stories we are covering from around the world and on the bloomberg. we start with corporate news. a battle for first face. shares of amazon slipping after jeff bezos slipped...
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Jul 10, 2017
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kevin will join us in a moment. , you looking for cooperation. there happens to be distraction along the way. to get you caught up with the first word news, it is taylor riggs. a russian woman offered to provide potentially damaging information on hillary clinton. according to a statement on donald trump jr., the meeting a uselace in 2016 after -- after his father had secured the republican nomination. skeptical comments from congressional quarters. the notion of a cybersecurity unit emerged from president donald trump talks with president putin. lindsey graham from south carolina said "it is not the dumbest idea i've ever heard but it is pretty close." and the next few weeks will be to show -- will be crucial as to whether trump can deliver on tax cuts. republicans on basic parameters of a tax bill and deadlines to keep the government running emerges on u.s. debt. and theresa may will call on opposition lawmakers to help steer britain out of the hq. to restate her mission to tackle in justice. she says social and economic reform is needed to mak
kevin will join us in a moment. , you looking for cooperation. there happens to be distraction along the way. to get you caught up with the first word news, it is taylor riggs. a russian woman offered to provide potentially damaging information on hillary clinton. according to a statement on donald trump jr., the meeting a uselace in 2016 after -- after his father had secured the republican nomination. skeptical comments from congressional quarters. the notion of a cybersecurity unit emerged...
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Jul 25, 2017
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kevin: pretty slim to none. longer-term, pretty slim to none simply because if they are feeling today, the chances increase of there being what's known as a band-aid type of bill that would fix some of the exchanges. they would have to win over some centrist democrats, but it would not be a dramatic overhaul. either way, it would greatly diminish the president and the republican's ability to have dramatic health care overhaul. tom: we have to rip up the script as we only did. this is the president watching eight networks. it's a little bit of a jumble, but i will let you translate. "ukrainian efforts to sabotage trump campaign quietly working to boost clinton. so where is the investigation ag? at sean hannity." i assume this was mr. hannity on fox. how long can the attorney general keep up with this stuff? there's no precedent for this. from: you have to remember trump world perspective, they campaigned every single time with chants of lock her up. the notion that there is no investigation into hillary clinton,
kevin: pretty slim to none. longer-term, pretty slim to none simply because if they are feeling today, the chances increase of there being what's known as a band-aid type of bill that would fix some of the exchanges. they would have to win over some centrist democrats, but it would not be a dramatic overhaul. either way, it would greatly diminish the president and the republican's ability to have dramatic health care overhaul. tom: we have to rip up the script as we only did. this is the...